Trump defends tariff decision, says U.S. has been taken advantage of for too long

By: odaily.com|2025/07/13 16:11:36
0
Share
copy

Odaily News In an interview with Fox News, US President Trump defended his decision to impose tariffs on foreign trading partners, saying the United States had been taken advantage of for too long and that he put his country first. (Jin Shi)
Earlier news, Trump has sent tariff letters to 24 trading partners in four batches:
1. The first batch of 14 countries on July 7: Japan (25%), South Korea (25%), South Africa (30%), Kazakhstan (25%), Laos (40%), Malaysia (25%), Myanmar (40%), Tunisia (25%), Bosnia and Herzegovina (30%), Indonesia (32%), Bangladesh (35%), Serbia (35%), Cambodia (36%), Thailand (36%).
2. The second batch of 8 countries on July 9: Brazil (50%), Philippines 20%, Brunei 25%, Moldova 25%, Algeria 30%, Iraq 30%, Sri Lanka 30%, and Libya 30%.
3. July 10, third batch of 1 country: Canada (35%).
4. The fourth batch of 2 countries (regions) on July 12: Mexico (30%) and the European Union (30%).

-- Price

--

You may also like

2025 South Korea CEX Listing Post-Mortem: Investing in New Coins = 70% Loss?

The 2025 South Korean exchange's new token listing performance is structurally similar to Binance's, with no significant differences.

BIP-360 Analysis: Bitcoin's First Step Towards Quantum Immunity, But Why Only the "First Step"?

This article explains how BIP-360 reshapes Bitcoin's quantum defense strategy, analyzes its enhancements, and discusses why it has not yet achieved full post-quantum security.

50 million USDT exchanged for 35,000 USD AAVE: How did the disaster happen? Who should we blame?

Due to a fatal flaw in the transaction path, a $50 million DeFi operation was executed with almost zero protection, resulting in nearly the entire amount of funds evaporating in a tiny liquidity pool.

The Cryptographic Past of the Middle East

Reality is often more exciting than fiction.

Resolving the Intergenerational Prisoner's Dilemma: The Inevitable Path of Nomadic Capital Bitcoin

When the baby boomer generation collectively sells off, who will become the "greater fool" in the next round of asset crashes?

Who Will Control AI? Why Decentralized AI May Be the Only Alternative to Government and Big Tech

AI has become critical infrastructure, and governments and corporations are competing to control it. Centralized development and regulation are entrenching existing power structures. The Web3 community is building a decentralized alternative — distributed compute, token incentives, and community governance — before that window closes.

Popular coins

Latest Crypto News

Read more